Transocean’s $2.7bn Ocean Rig deal ‘a winner’

• 03 September 2018

Rig provider Transocean is set to merge with Ocean Rig in a $2.7 billion deal, a move Wood Mackenzie says is a winning one for the rig market.

Delek in US$2bn swoop on Chevron’s North Sea assets

• 30 May 2019

Israel’s Delek Group confirmed today that it will buy US major Chevron’s North Sea assets in a US$2 billion deal.

China’s gas demand growth returns and still holds vast LNG import potential

• 06 September 2023

Flexibility is being built into the gas supply chain, having far-reaching implications for the global LNG industry.

China to hold over 80% of global solar manufacturing capacity from 2023-26

• 07 November 2023

After investing over US$130 billion into the solar industry in 2023, China will hold more than 80% of the world’s polysilicon, wafer, cell, and module manufacturing capacity from 2023 to 2026.

Polyethylene

Gain a comprehensive view of global supply and demand, price forecasts and petrochemical feedstock trends.

China’s solar exports booming, up 64% in 2022 despite global trade tensions

• 23 May 2023

China’s solar exports grew 64% to US$52 billion in 2022 despite global trade tensions, according to latest analysis from Wood Mackenzie.

Low-carbon hydrogen demand in refining could reach 50 Mtpa by 2050

• 09 June 2022

Potential low-carbon (green or blue) hydrogen demand from the global refining sector could reach 50 million tonnes per annum (Mtpa) by 2050, says Wood Mackenzie.

Is deepwater ready for cost inflation?

• 27 November 2018

In a newly published report, Wood Mackenzie notes that the deepwater industry appears in good health, following a sustained cost reduction through the downturn. However this hard work is in danger of being undone, as impending cyclical cost inflation could raise break-even costs once again.

Why refinery-petrochemical integration is the downstream trend to watch

• 16 February 2021

A tumultuous year has highlighted some key truths for the downstream sector – and new performance benchmarks are being set.

Deepwater rising: The state of the global deepwater industry

• 05 December 2019

Deepwater is becoming increasingly important in the global upstream investment space. Research Director Ian Thom sat down with the upstream team to take a closer look at the trends shaping the industry.

Carbon removal key to meeting Paris Agreement target

• 24 June 2021

Achieving the 2°C goal of the Paris Agreement will require more than simply avoiding carbon. To cap global warming at 1.5°C or even 2°C, carbon removal will be essential. Research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq:VRSK), shows the key to effective large-scale carbon removal is unlocking potential economies of scale through basin-wide carbon capture and storage (CCS), effectively providing a community answer to a global problem.

A Biden administration: implications for the energy industry

• 09 November 2020

The energy sector faces a very different future under President-elect Biden. What are the implications for the oil market? How will key US geopolitical relationships change? And can a Biden administration push through its climate change goals?

Four signposts for the chemicals industry under a Biden administration

• 16 November 2020

The Democrats are expected to retain control of the US House of Representatives, but the Senate will be determined by upcoming run-offs in the state of Georgia. While the chemicals sector is expected to see few direct impacts, there are several themes that should be watched closely.

Supercharging the US grid: utility investments and initiatives

• 18 April 2023

Investment in US grid modernization is accelerating – but is it going in the right direction?

4 key refining and chemical themes from Moscow

• 23 April 2019

We've condensed dozens of discussions at Wood Mackenzie's first Russia downstream forum and the 7th CIS Petrochemicals 2019 Conference into 4 of the hottest topics.

How high can the oil price go in 2021?

• 18 June 2021

The oil price has been on a bull run for over a year. Fundamentals are improving with oil demand bouncing back towards pre-pandemic highs as the global economy recovers. But OPEC+ is also playing a key role in rebalancing the market after the crisis of 2020. How much further could prices go?

Chance of a lifetime: can India show the developing world a unique path to net zero?

• 18 January 2024

India’s global profile is soaring. It already boasts the world’s largest population and is forecast to be the fastest-growing major economy over the coming decades. By 2050, it will be the world’s third-largest economy, up from sixth today.

Nord Stream 2 and the battle for gas market share in Europe

• 24 July 2020

The US administration and Congress are trying to prevent the completion of the new gas pipeline from Russia to Germany

COP27: on the horns of the energy trilemma

• 03 November 2022

COP27 in Egypt focused on short-term decarbonisation goals and dialogue between developed and developing nations.

The US tight oil industry grows up

• 23 June 2023

As the E&P sector embraces capital discipline and stability through the cycle, the US may be losing its role as a swing producer

What the energy world looks like in 2030

• 28 January 2020

This decade promises unprecedented change in the way we produce and consume energy. Find out how that will take shape in this week's Edge.

Major Chinese companies leading the charge in renewed Belt and Road push

• 24 June 2019

CNPC and CNOOC have each acquired a 10% stake in Novatek’s Arctic LNG-2 project. What’s the significance for China's Belt and Road Initiative?

Upstream players need to boost spending to meet future demand

• 24 October 2018

Wood Mackenzie forecasts that global oil and gas development spend needs to increase by around 20% to meet future demand growth and ensure companies sustain production next decade.

What next for the oil market as the US reimposes sanctions on Iran?

• 06 November 2018

What next for the oil market as the US reimposes sanctions on Iran?

President Biden aims for higher employment and lower emissions

• 01 April 2021

Two announcements this week showed the administration attempting to deliver on its promise that a key goal of climate policy is job creation.

Dorado: Australia's biggest oil discovery this century

• 17 August 2018

Exploration in Western Australia has produced a result no one expected - a large commercial oil find, Australia's largest this century. The discovery is significant for block partners Quadrant and Carnarvon, but how they will monetise it remains to be seen. Senior Research Analyst for Oceania Upstream, Daniel Toleman, explores the options and outcomes.

A global economic slump: what will it mean for metals and mining?

• 11 June 2020

Our base case view is that the recession is short and sharp with a return to “normality” from 2021, but what if it became a slump lasting five years or more? Julian Kettle explores what the impact on demand, costs and prices of mined commodities.

Biden administration and what it means for China and rest of Asia Pacific

• 20 January 2021

As Biden’s inauguration approaches, Wood Mackenzie experts share how his administration could impact trade, climate change goals, and changes to the energy sector in Asia Pacific.

Top 10 articles of 2022

• 10 January 2023

It was a fascinating and unpredictable year for energy and commodities. Take a look at our top 10 most popular articles from the year.

Wood Mackenzie appoints new Chief Financial Officer

• 27 March 2023

Wood Mackenzie, a portfolio company of Veritas Capital, has appointed Simon Crowe to its global executive leadership team as Chief Financial Officer (CFO), effective 27th March.